Tech stocks down: Intel, Reddit, and Amazon are getting hammered. Has the AI reckoning arrived?
Intel's revenue forecast fell about $1 billion short of analyst expectations, causing its stock price to drop significantly. The company attributed the shortfall to major supply constraints affecting the chip industry. Intel and other major tech stocks have declined as investors reassess the strength of the artificial intelligence boom that had driven tech valuations higher. The situation reflects broader uncertainty about whether the AI sector will deliver the growth investors had anticipated.
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National story. 24 articles from 14 sources. 13 are on the bar; 1 is an international, entertainment or tech outlet, listed separately. Updated 2h ago.
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6 sourcesTech stocks down: Intel, Reddit, and Amazon are getting hammered. Has the AI reckoning arrived?
Intel shares plunge 25% as it warns that the AI boom's thirst for chips is hurting business
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4 sourcesIntel stock drops after company behind major Ohio plant projects decline
Intel shares plunge 18% as chipmaker confronts factory bottleneck, PC slowdown
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3 sourcesNasdaq plummets 2% as Amazon, Intel and Reddit become latest victims of AI fears
Nasdaq futures sink 2.3% as Amazon, Intel and Alphabet send AI jitters through stocks
Stock Market Today: Nasdaq Futures Dive As Amazon, Intel Plunge On Earnings (Live Coverage)
Dow Jones Futures: Amazon, Intel Lead Earnings Losers After Google, ServiceNow, Fortinet Hit Nasdaq
Other outlets
International, entertainment and tech outlets, by their rating. Not counted in the bar above. How we count coverage
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0 articlesNone
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The story so far
3 developments- Oct 29Intel Stock Plummets 16% On Weaker-Than-Expected Sales Forecast
- Oct 30Tech stocks down: Intel, Reddit, and Amazon are getting hammered. Has the AI reckoning arrived?
- Oct 30Intel shares plunge 25% as it warns that the AI boom's thirst for chips is hurting business
Who covered each development
The bigger story
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